Subscribe to access the summary in 20 seconds.
After Houthi strikes targeting Israel and statements by Donald Trump on Iranian oil, black gold soared once again on Monday, to $116 at the opening. The oscillations in barrel prices to the rhythm of the American president’s speeches have punctuated the last few weeks. But the financial markets have integrated the longer-term effects of the crisis generated by the attack by the United States and Israel against Iran.
Since February 27, the price of Brent – one of the main global crude oil benchmarks – has increased by more than 50%. And with this increase, the specter of inflation returns, like the crisis of 2022 after the Russian invasion of Ukraine. According to figures released on Monday, inflation in Germany accelerated to 2.7% year-on-year in March, an increase of 0.8 points compared to February. It thus reached its highest level since January 2024.
